Company / Cost of Revenue
Energy Vault Holdings, Inc. Cost of Revenue History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$155.7M
FY2025
5-year range
$0 / $155.7M
FY2021-FY2025
Trend
+289.1%
vs FY2024
Sector context
#229 of 245
Industrials
What the data says
Cost of Revenue changed +289% YoY in FY2025, a notable deviation from the 3-year average annual change of +78%.
Based on SEC 10-K filings.
$156M in FY2025 with a 3-year CAGR of +21.6%.
Increased from $87M to $156M over the past 2 years.
Industrials sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +21.6%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 7% in IndustrialsTop 7% of 245This company $155.7M Sector average $4.3B
▼
-96.4% below sector average
Key checks
Key Insights
- 3-year CAGR of +21.6%, indicating consistent growth.
- In FY2025, cost of revenue increased 289.1% year-over-year.
- Ranks #229 out of 245 companies in the Industrials sector.
- Lowest cost of revenue in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score -1.39 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $155.7M | +289.1% |
| FY2024 | $40.0M | -53.8% |
| FY2023 | $86.6M | +0.0% |
| FY2022 | $86.6M | - |
| FY2021 | $0 | - |
| FY2020 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026